OPTIEK D. VLEERACKER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
OPTIEK D. VLEERACKER
Largest movements
- Receivables within one year +€59,047
up €59,047 (+24.3%), from €242,856 to €301,903
of which Other amounts receivable: +€77,197
- Tangible fixed assets +€27,975
up €27,975 (+67.0%), from €41,746 to €69,721
of which Plant, machinery and equipment: +€26,337
- Cash -€27,656
down €27,656 (-30.7%), from €89,993 to €62,337
mainly Contributions, distributions and other (-€70,000) and Receivables within one year (-€59,047)
- Stocks and contracts +€19,851
up €19,851 (+8.5%), from €232,463 to €252,314
- Other debts +€58,750
up €58,750 (+522%), from €11,250 to €70,000
- Profit (loss) carried forward -€50,362
down €50,362 (-69.8%), from €72,177 to €21,814
- Reserves +€30,000
up €30,000 (+6.8%), from €442,265 to €472,265
- Trade debts +€27,755
up €27,755 (+53.0%), from €52,329 to €80,084
- Current portion of long-term debt +€10,000
new in 2025: €10,000
- Staff costs +€52,487
up €52,487 (+26.9%), from €195,003 to €247,490
- Depreciation -€10,948
down €10,948 (-39.2%), from €27,948 to €17,001
- Taxes -€8,861
down €8,861 (-32.7%), from €27,075 to €18,214
- Write-downs -€5,095
down €5,095 (-56.0%), from €9,105 to €4,010
- Financial charges -€4,645
down €4,645 (-39.5%), from €11,765 to €7,120
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €623,453 | €702,163 | +€78,710 | +12.6% |
| Fixed assets | 21/28 | €53,379 | €81,354 | +€27,975 | +52.4% |
| Tangible fixed assets | 22/27 | €41,746 | €69,721 | +€27,975 | +67.0% |
| Land and buildings | 22 | €23,937 | €28,524 | +€4,587 | +19.2% |
| Plant, machinery and equipment | 23 | €12,178 | €38,515 | +€26,337 | +216% |
| Furniture and vehicles | 24 | €5,631 | €2,681 | -€2,950 | -52.4% |
| Financial fixed assets | 28 | €11,633 | €11,633 | = | 0.0% |
| Current assets | 29/58 | €570,073 | €620,809 | +€50,736 | +8.9% |
| Stocks and contracts in progress | 3 | €232,463 | €252,314 | +€19,851 | +8.5% |
| Stocks | 30/36 | €232,463 | €252,314 | +€19,851 | +8.5% |
| Amounts receivable within one year | 40/41 | €242,856 | €301,903 | +€59,047 | +24.3% |
| Trade receivables | 40 | €18,150 | - | -€18,150 | |
| Other amounts receivable | 41 | €224,706 | €301,903 | +€77,197 | +34.4% |
| Cash at bank and in hand | 54/58 | €89,993 | €62,337 | -€27,656 | -30.7% |
| Deferred charges and accrued income | 490/1 | €4,761 | €4,254 | -€507 | -10.6% |
| Total equity and liabilities | 10/49 | €623,453 | €702,163 | +€78,710 | +12.6% |
| Equity | 10/15 | €533,034 | €512,671 | -€20,362 | -3.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €442,265 | €472,265 | +€30,000 | +6.8% |
| Distributable reserves | 133 | €442,265 | €472,265 | +€30,000 | +6.8% |
| Profit (loss) carried forward | 14 | €72,177 | €21,814 | -€50,362 | -69.8% |
| Amounts payable | 17/49 | €90,419 | €189,491 | +€99,073 | +110% |
| Amounts payable within one year | 42/48 | €90,419 | €188,835 | +€98,417 | +109% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €52,329 | €80,084 | +€27,755 | +53.0% |
| Suppliers | 440/4 | €52,329 | €80,084 | +€27,755 | +53.0% |
| Taxes, remuneration and social security | 45 | €26,840 | €28,752 | +€1,912 | +7.1% |
| Taxes | 450/3 | €10,060 | €4,018 | -€6,042 | -60.1% |
| Remuneration and social security | 454/9 | €16,780 | €24,734 | +€7,954 | +47.4% |
| Other amounts payable | 47/48 | €11,250 | €70,000 | +€58,750 | +522% |
| Accrued charges and deferred income | 492/3 | - | €656 | +€656 | |
| Remuneration, social security and pensions | 62 | €195,003 | €247,490 | +€52,487 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,948 | €17,001 | -€10,948 | -39.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,105 | €4,010 | -€5,095 | -56.0% |
| Other operating charges | 640/8 | €8,137 | €6,314 | -€1,823 | -22.4% |
| Gross operating margin | 9900 | €345,242 | €344,568 | -€674 | -0.2% |
| Operating profit (loss) | 9901 | €105,048 | €69,753 | -€35,295 | -33.6% |
| Financial income | 75/76B | €5,969 | €5,218 | -€751 | -12.6% |
| Recurring financial income | 75 | €5,969 | €5,218 | -€751 | -12.6% |
| Financial charges | 65/66B | €11,765 | €7,120 | -€4,645 | -39.5% |
| Recurring financial charges | 65 | €11,765 | €7,120 | -€4,645 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €99,252 | €67,852 | -€31,400 | -31.6% |
| Income taxes | 67/77 | €27,075 | €18,214 | -€8,861 | -32.7% |
| Profit (loss) for the period | 9904 | €72,177 | €49,638 | -€22,539 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €72,177 | €49,638 | -€22,539 | -31.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.